BICA seeks more powers against errant accountants

Wednesday, July 26, 2017

The Botswana Institute of Chartered Accountants (BICA) is currently amending its Act in a bid to bolster their powers in clamping down on unregistered accountants.

The BICA Act of 2010 states that BICA can fine an unregistered accountant who provides service for a fee or salary for a fine of P500,000 or 10 years imprisonment.

However, this Act does have gaps as it does not give BICA the Authority to involve the police while the procedure for prosecution needs to be improved.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Black gold: Minergy is one of the MDCB’s investments through a convertible loan. The coal mine is eyeing a turnaround in fortunes this year PIC: MINERGYCOAL.COM

Faulty gadgets top complaints to BOCRA

Mbongeni Mguni | 7 h ago

Civil Society fights 'flawed' constitutional amendment

Innocent Selatlhwa | 2d ago

Civil Society calls for Constitution review governing Act

Innocent Selatlhwa | 2d ago

IEC rejects 2,513 registrations

Innocent Selatlhwa | 2d ago

Motshegwa prevails against detractors

Goitsemodimo Kaelo | 2d ago

Serowe woman ingests acid, attempts suicide

Pini Bothoko | 2d ago

Serowe man 'loses' P1m in trading

Pini Bothoko | 2d ago

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

The Monitor Editor | 23 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

BICA seeks more powers against errant accountants

The Botswana Institute of Chartered Accountants (BICA) is currently amending its Act in a bid to bolster their powers in clamping down on unregistered accountants.

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Serowe man 'loses' P1m in trading

Inspect the voters' roll!